Gold is showing a telling pattern at the top of its rising wedge formation—consecutive hangman candles right where sellers typically step in. The setup screams hesitation around key resistance.

But here's the interesting part: every time bears pushed prices lower intraday, buying pressure came roaring back. That kind of resilience matters. It suggests the downside isn't getting much conviction, and dips are being absorbed rather than followed through.

When you see this back-and-forth dynamic at an upper wedge boundary, it usually means the market is at a critical juncture. One more test of that resistance could determine which way the breakout goes. Watch the volume—it'll tell you if the buyers are serious or just putting up a fight.